Earlier this year we had the same pattern and were able to recover. More downside could be in play, but that doesn't mean that the future of BTC is in peril. If we can hold the $40's, maybe dip under and recover like last time, we should be good.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.